Are you looking for restaurant insurance? In today’s series we will be talking about restaurant insurance and why it is important to protect yourself against liability lawsuits and broken equipment. Restaurant owners should ask their agents to help them with property insurance to protect their restaurant from fires. They will need liquor liability insurance in most states that require a license to carry liquor. If the restaurant owner has company vehicles they will need commercial auto insurance. Of course all businesses should and are likely to be required to carry workers compensation in case an employee is hurt on the job. Your insurance agent should consult you with all of these policy types. If you would like a competitive restaurant insurance quote please fill out our form or call 877-907-5267.
In the next series we will be discussing auto repair shop insurance.
Find a gas station insurance quote at Commercial Insurance.NET. Running a gas station comes with a lot of liability and many states require gas station owners to carry different types of business insurance to cover these liabilities. Each state requires permits to store and sell gas. To obtain these permits you will need some form of gas station insurance. If your business also doubles as a quick mart you will need to double up with convenience store insurance, which we talked out in our previous post. More services typically require different bundled policies. Fill out a commercial insurance quote on our home page to get a free estimate on what you need as a business owner.
Are you looking for a convenience store insurance quote? At Commercial Insurance.NET we can help you save on your business insurance package. Some of the requirements insurance agents can look for when evaluating a convenience store insurance policy include;
Buildings that are 25 years old or less unless they have been remodeled
Current owners have been in business for 1 year
Gross Annual Sales are over $2,000,000
Property you own or use in business
Equipment and materials within 100 feet of building including computers
The above is a summary of convenience store insurance. If you are interested in a quote please go to the home page of Commercial Insurance .NET.
So this is the first post in our Business Insurance series. There are many different types of packages you can request from your insurance agent for your business. Ask your agent about bundling your general liability with property insurance also known as a business owners policy and you will likely get some sort of discount. The top 10 business insurance policies that we focus on at Commercial Insurance.NET are as follows;
Small business should never over look commercial auto insurance as it is one of the most important aspects of the business. If your business uses a vehicle or even a fleet of vehicles you should contact your insurance specialist or go to our home page and request a commercial insurance quote. Make sure to give your insurance specialist the full story of who is driving vehicles. It is wise to always carry uninsured motorist protection even if you have a policy for workers to not let anybody drive or ride in the vehicle. Accidents happen and you need to be protected.
How many vehicles should you insure for your business?
Commercial auto insurance companies often separate coverages based on type and number of vehicles in your fleet. It is wise to insure every vehicle as you never know when you will need the protection and you are likely going to get a discount for fleet insurance.
Business Owner’s Insurance Policy also known as BOP is a packaged policy that combines Property Insurance and General Liability. It can also come with other add on coverages for small and medium size businesses that are in a low risk class. Some of the factors that go into determining eligibility include annual sales and number of employees. A Business Owner’s Policy includes property insurance to cover physical assets and general liability for your commercial liability.
There are several types of commercial auto insurance including Liability, Collision, Uninsured, Personal Insurance Protection, and Gap Insurance.
The most common type of commercial auto Insurance is Liability Coverage. Most states in the US require liability auto insurance. Liability covers you personally when you are liable for destroying someones car or body parts.
Collison is another form of commercial auto insurance. Collison insurance will cover the damage that is done to the policy holders car pending that the policy holder is at fault. If another party wrecks your car their liability pays for repairs.
Uninsured and under-insured coverage is required by most states and will cover you if the other party is liable and they do not have coverage. Seventeen percent of drivers on the road typically are under-insured.
Personal Injury Protection covers medical bills and lost wages regardless of the party at fault. This is a great benefit to offer your employees when they do a lot of driving.
Gap Insurance will cover the difference of what the car is worth and what you owe as the lessee. Gap Commercial Auto Insurance is very important for companies who provide leased autos for their employees to drive. What kind of damages would you incur if an employee totaled a car, van or truck in your fleet?
Commercial auto insurance is a must for any business that uses a vehicle for the owner and especially their employees. Do you want to put your business at risk if you or one of your employees has an accident and hurts somebody? Get a quote today by clicking on commercial auto insurance.
The video below found on YouTube depicts a mock laboratory that attaches old rabbits feet because there is no longer a need for luck when you are in sync with Travelers Commercial Insurance. The insurance commercial talks about generations of us who will no longer need a rabbits foot. They thank Science and Travelers Commercial Insurance for saving hundreds of rabbits feet.
In my opinion the benefits of this insurance commercial were not as easy to understand as the Progressive and Liberty Mutual Commercials. I guess that is because it seems a little far fetched to attach hundreds of rabbits feet. The other insurance companies commercial were easier to relate.
There are a number of Commercial Insurance Companies a business can choose from. Travelers Insurance ranks as the third largest insurance underwriter. Travelers Commercial Insurance offers the primary commercial Insurance products such as general liability, umbrella excess liability, property, auto and workers compensation. Travelers services the following three tiers in their Business Markets:
On May 7, 2009 American Insurance Group reported a net loss of $4.35 Billion.The loss was less than the forecasted $5 Billion and a serious amount lower than the $60 Billion they wrote off in the fourth quarter of 2008.American Insurance Group said the loss was a result of restructuring and accounting charges related to taxes.They must have some high paid tax people working for them.At least they did not buy a $60,000 toilet like the former leader of Bank of America.
Get a free quote for Commercial Insurance by clicking here.Best of luck and make sure you use protection!
